News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Nov- 2023 -6 November
Selfridges ownership uncertain as co-owner faces cash crisis
The future ownership of Selfridges is said to be uncertain following reports that its co-owner Signa is facing a financial…
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6 November
UK retailers join forces to sign Wrap’s Textiles 2030 initiative
More than 30 retailers have signed up to Wrap’s Textiles 2030 initiative to reduce the carbon impact of the textiles…
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6 November
White Stuff profits and sales soar
Fashion retailer White Stuff has revealed that its EBITDA rose 141% to £7m, up from £2.9m, for the year ended…
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6 November
M&S to open record number of stores this month amid £80m investment
M&S will be opening nine new stores across the month of November – the most it has ever opened in…
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3 November
Today’s news in brief-3/11/23
In October, footfall in the UK dropped by 5.7% year-on-year, with high streets experiencing a 4.6% decrease, compared to a…
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3 November
Lidl is cheapest supermarket, Which? finds
Lidl GB has become the cheapest supermarket after coming top in a basket comparison conducted in October by Which?. The…
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3 November
Wickes maintains FY guidance as it increases market share
Wickes has said it is on track to meet its FY guidance, expecting an adjusted pre-tax profit of £45.3m to…
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3 November
Walgreens Boots Alliance appoints chief information officer
Walgreens Boots Alliance (WBA) has appointed Neal Sample as its new executive vice president and chief information officer (CIO), effective…
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3 November
Currys agrees to sell Greek and Cypriot business
Currys has announced that it has entered into an agreement to sell its Greek and Cypriot business Kotsovolos for an…
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3 November
PrettyLittleThing founder posts interest in Topshop deal
PrettyLittleThing founder Umar Kamani has expressed his interest in buying TopShop from Asos. Commenting on X (FKA Twitter) on a…
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